Wednesday , 5 March 2025
Home Forex Bank of Japan Governor Ueda about to speak – rate hike clues incoming?
Forex

Bank of Japan Governor Ueda about to speak – rate hike clues incoming?

I’ve posted a couple of times on this already, most recently:

Bank of Japan Governor Ueda speech is from 10am local time on Monday

  • 0100 GMT (Monday), 2000 US Eastern time (Sunday)

Q&A follows at 1.45 pm local time on Monday

  • 0445 GMT (Monday), 2345 US Eastern time (Sunday)

Via Wall Street Journal:

  • Gov. Ueda will speak to business leaders in Nagoya, Japan. Given the yen’s recent sharp weakness posing renewed risk of inflation in Japan, investors will watch for any clues on the timing of the BOJ’s next rate hike. Many economists expect an additional BOJ rate increase in December or January. The JGB 10-year yield rises 0.5 bp to 1.075%; the 30-year yield is down 1 bp at 2.285%.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US stock markets jump to the best levels of the day

The S&P 500 held yesterday's lows and that initially led to some...

US White House Press Secretary Leavitt: Trump will give auto industry an extension on tariffs

According to US White House Press Secretary Karoline Leavitt, US President Donald...

Beige Book: Economic activity ‘rose slightly’ since mid-January

The Beige Book said activity rose 'slight' in the period since the...

White House says Trump is open to hearing about additional tariff exemptions

The market will watch and wait to see how this shakes out.Canada...